News

Japan set to sign $180M Covid-19 crisis loan agreement in December

Japan is expected to sign a concessional loan agreement worth 20 billion yen ($180 million) with the Kingdom this month for Covid-19 Crisis Response Emergency Support Loan Phase 2, the Cambodian Ministry of Economy and Finance said on November 30. ...

Hom Phanet
https://www.phnompenhpost.com/business/japan-set-sign-180m-covid-19-crisis-loan-agreement-december

Sathapana Bank secures $50M to scale up

Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/sathapana-bank-secures-50m-scale

ADB offers $15m loan for financial-sector growth

Cambodia and the Asian Development Bank have signed their latest loan agreement of US$15 million for the development of the Kingdom’s financial sector, according to ADB. The money would be used for a number of development programs, including the improvement of regulatory regimes, creation of an ...

http://www.phnompenhpost.com/index.php/2011122153521/Business/adb-offers-15m-loan-for-financial-sector-growth.html

French financing: Cambodian MFI fetches $5m loan

Hattha Kaksekar Limited, one of Cambodia’s largest microfinance institutions, has received a US$5 million loan from a French development organisation in order to meet rising demand among its client farmers. PROPARCO, which is a joint venture between the French Development Agency and public and private shareholders, ...

http://www.phnompenhpost.com/index.php/2011112452944/Business/french-financing-cambodian-mfi-fetches-5m-loan.html

South Korea loans $21 million for rural improvement

H.E. Aun Pornmonirath, Secretary of State of the Ministry of Economy and Finance of Cambodia and Mr. Sang Wang Byun, Executive Director of Export-Import Bank of the Republic of Korea, on September 21 signed $21 Million Loan Agreement for Cambodia’s Rural Roads Improvement Project. “The ...

http://thesoutheastasiaweekly.com/

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